iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Update

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 60,100 shares, a decrease of 20.7% from the February 28th total of 75,800 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 257,400 shares, the short-interest ratio is presently 0.2 days.

iShares iBonds Dec 2029 Term Treasury ETF Trading Down 0.2 %

iShares iBonds Dec 2029 Term Treasury ETF stock traded down $0.04 during midday trading on Tuesday, hitting $21.73. 186,537 shares of the company’s stock were exchanged, compared to its average volume of 136,680. iShares iBonds Dec 2029 Term Treasury ETF has a 12-month low of $20.95 and a 12-month high of $22.22. The firm’s 50 day simple moving average is $21.53 and its 200 day simple moving average is $21.56.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, April 4th. Investors of record on Tuesday, April 1st will be issued a dividend of $0.0719 per share. The ex-dividend date is Tuesday, April 1st. This represents a $0.86 dividend on an annualized basis and a dividend yield of 3.97%. This is a positive change from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07.

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Confluence Investment Management LLC increased its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 48.2% in the first quarter. Confluence Investment Management LLC now owns 534,836 shares of the company’s stock valued at $11,643,000 after purchasing an additional 173,935 shares during the period. NewEdge Advisors LLC increased its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 218.4% during the fourth quarter. NewEdge Advisors LLC now owns 131,480 shares of the company’s stock worth $2,804,000 after acquiring an additional 90,187 shares during the period. Cary Street Partners Financial LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF during the fourth quarter worth about $797,000. United Capital Financial Advisors LLC raised its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 136.1% during the fourth quarter. United Capital Financial Advisors LLC now owns 64,060 shares of the company’s stock worth $1,366,000 after purchasing an additional 36,928 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 204.1% during the 4th quarter. Captrust Financial Advisors now owns 49,490 shares of the company’s stock worth $1,055,000 after buying an additional 33,214 shares in the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

The iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) is an exchange-traded fund that is based on the ICE 2029 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2029. The fund will terminate in December 2029. IBTJ was launched on Feb 25, 2020 and is managed by BlackRock.